
Energy services group Three60 Energy has made a series of senior appointments, hiring leading people from a who’s who of energy or energy services companies.

Malaysian rig owner Velesto Energy is progressing on the insurance claims and it has issued a notice of abandonment for its NAGA 7 rig, which tilted and submerged off Malaysia in May 2021. On 3 May 2021, an incident involving Velesto NAGA 7 drilling rig occurred due to the penetration of one of its

Heerema Marine Contractors’ DCV Balder has completed the offshore removal of the Morpeth tension leg platform on behalf of Eni.

Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.

Australia’s FAR Limited is on track to complete the sale of its interest in the RSSD project, which contains the Sangomar field, to Woodside.

Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Norwegian Sea, offshore Norway.

Oilfield services provider Archer has received approval from a competition regulator in Norway for the acquisition of DeepWell.

The Biden administration has submitted to Congress the budget for the fiscal year 2022, which includes $253.4 million to support the Bureau of Safety and Environmental Enforcement (BSEE).

The number of offshore rigs in the U.S. remained steady last week but was up two units year over year, according to a Friday report by Baker Hughes.

Seadrill Limited’s chairman will be stepping down from the board with immediate effect, having been chairman since 2019.

Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.

French energy major Total has moved forward with its transformation plans into a broad energy company and changed its name.

The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.

TAQA has started the first major asset removal project and one of the largest topside removal projects of its kind in the North Sea.